Sums allocated to distribution among members and creditors shall be deposited within a period of fifteen (15) days following the decision to distribute funds, on an account opened in the name of the company under liquidation in a bank domiciled in the State party of the headquarters.
In case there are many liquidators, the funds may be withdrawn by a single liquidator and under his responsibility.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 68
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 239 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/2014-01-30/auscgie-2014